json_metadata | "{"app":"musing/1.1","appTags":["question","contest","musing","rewards"],"appCategory":"question","appTitle":"What is a better way to reward contests? liquid Steem, Vested steem, Upvote or SP delegation ?","appBody":"<p>I feel \"liquid steem\" as reward is more valuable. It gives more liberty to spend freely. Where as other form of rewards like vested steem, delegated steem or upvote, one has to wait to reap the benefits out of it. The next best form of reward after \"liquid steem\" is \"upvote\" as at least someone will get 50% liquid reward after 7 days to enjoy it and spend it.</p>\n<p>So if you compare all the four form of rewards then the instant access to the reward is \"liquid steem\". The most important part of \"liquid steem\" reward is that it is calculated based on its worth on usd. That is why when the price of steem is high the liquid steem reward is generally kept low and similarly if the price of steem is low, just like now the amount of liquid reward is kept high. So basically the quantity of steem reward is decided based on its worth with USD. So keeping that in mind it is better to have liquid steem reward and spend it out-rightly as per your wish. </p>\n<p>In other form of rewards there is always double mind kind of things where as in liquid form of reward, the mind generally does not have double side thinking and generally people participate in a contest to gain some instant money, however contests with other form of rewards do prevail and they are popular too. But on a comparison basis, \"liquid steem\" rewards comes first in my honest opinion.</p>\n<p> </p>\n<p><br></p>","appDepth":2,"appParentPermlink":"p3ayqp3aw","appParentAuthor":"uyobong","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}" |
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